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Brigade Enterprises Gains 4%; BSE REALTY Index Up 0.4%
Mon, 2 Sep 10:15

Brigade Enterprises Gains 4%; BSE REALTY Index Up 0.4%Image source: alexsl/www.istockphoto.com

Brigade Enterprises share price has zoomed 4% and is presently trading at Rs 1,250.7.

Meanwhile, the BSE REALTY index is at 8,266.5 (up 0.4%).

Among the top gainers in the BSE REALTY index today are PRESTIGE ESTATES (up 1.5%) and DLF (up 0.9%).

Phoenix Mill (down 0.9%) and MAHINDRA LIFESPACE (down 0.5%) are among the top losers today.

Over the last one year, Brigade Enterprises has moved up from Rs 594.8 to Rs 1,250.7, registering a gain of Rs 656.0 (up 110.3%).

On the other hand, the BSE REALTY index has moved up from 4,377.8 to 8,266.5, registering a gain of 88.8% during the last 12 months.

The top gainers among the BSE REALTY index stocks during this same period were PRESTIGE ESTATES (up 221.5%), Sobha (up 186.1%) and Phoenix Mill (up 113.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,593.9 (up 0.3%).

The top gainers among the BSE Sensex today are Bajaj Finserv (up 2.1%) and Bajaj Finance (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,299.4 (up 0.3%). Bajaj Finserv and Bajaj Finance are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,075.8 to 82,593.9, registering a gain of 17,518.1 points (up 26.9%).

Brigade Enterprises Financial Update...

Brigade Enterprises net profit grew 267.9% YoY to Rs 805 million for the quarter ended June 2024, compared to a profit of Rs 219 million a year ago. Net sales rose 64.8% to Rs 10,777 million during the period as against Rs 6,540 million in April-June 2023.

For the year ended March 2024, Brigade Enterprises reported 80.5% increase in net profit to Rs 4,010 million compared to net profit of Rs 2,222 million during FY23. Revenue of the company grew 42.2% to Rs 48,967 million during FY24.

The current Price to earnings ratio of Brigade Enterprises, based on rolling 12 month earnings, stands at 62.9.


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1 Responses to "Brigade Enterprises Gains 4%; BSE REALTY Index Up 0.4%"

Mukul

Sep 2, 2024

This share brigade will touch ?2k by year end. Ongoing projects are excellent and on completion share may touch beyond ?3k

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Equitymaster requests your view! Post a comment on "Brigade Enterprises Gains 4%; BSE REALTY Index Up 0.4%". Click here!